QUALCOMM (NASDAQ:QCOM) Trading Down 3.4% – Time to Sell?

Shares of QUALCOMM Incorporated (NASDAQ:QCOM) dropped 3.4% during mid-day trading on Tuesday . The company traded as low as $153.25 and last traded at $154.07. Approximately 11,759,422 shares changed hands during trading, an increase of 19% from the average daily volume of 9,915,462 shares. The stock had previously closed at $159.42.

Analyst Ratings Changes

Several equities analysts have recently weighed in on QCOM shares. Susquehanna set a $210.00 price target on QUALCOMM in a research report on Thursday, November 6th. Piper Sandler raised their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a report on Thursday, January 15th. Mizuho set a $175.00 price target on shares of QUALCOMM and gave the stock a “neutral” rating in a report on Friday, January 9th. Finally, UBS Group raised their price objective on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $191.28.

QUALCOMM Price Performance

The business has a 50 day simple moving average of $171.86 and a two-hundred day simple moving average of $165.65. The firm has a market capitalization of $165.01 billion, a P/E ratio of 31.51, a price-to-earnings-growth ratio of 3.55 and a beta of 1.21. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, sell-side analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.3%. QUALCOMM’s dividend payout ratio is presently 72.80%.

Insider Activity

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This trade represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This trade represents a 23.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 44,820 shares of company stock worth $7,883,482. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On QUALCOMM

A number of large investors have recently modified their holdings of the company. Harbor Capital Advisors Inc. lifted its holdings in shares of QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 65 shares during the last quarter. Cloud Capital Management LLC bought a new stake in shares of QUALCOMM in the 3rd quarter worth approximately $27,000. Chung Wu Investment Group LLC purchased a new position in QUALCOMM during the 2nd quarter valued at $32,000. Harbor Asset Planning Inc. purchased a new position in shares of QUALCOMM during the second quarter valued at about $32,000. Finally, Winnow Wealth LLC bought a new stake in QUALCOMM during the 2nd quarter valued at approximately $32,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Company Profile

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.